National Vision Holdings Inc (EYE)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 816,333 | 839,997 | 843,408 | 841,319 | 829,418 | 840,352 | 908,412 | 896,726 | 901,113 | 906,925 | 891,669 | 950,726 | 925,980 | 988,557 | 938,337 | 887,532 | 906,502 | 864,963 | 820,939 | 786,160 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $816,333K
= 0.00
Based on the provided data, the debt-to-equity ratio of National Vision Holdings Inc has consistently been 0.00 for each reported period from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity. This suggests that the company is primarily funded through equity financing rather than debt financing.
The consistent zero debt-to-equity ratio over the reporting periods reflects a conservative financial strategy, as it signifies that the company is not relying on external borrowing to finance its operations or growth. This can be seen as a positive indicator of financial stability and lower financial risk, as the company is not burdened with debt obligations that could impact its profitability and solvency.
Furthermore, such a low or zero debt-to-equity ratio may also indicate that National Vision Holdings Inc has sufficient access to internal funds or equity financing to support its business activities and investments. Overall, a stable and consistently low debt-to-equity ratio suggests a strong financial position and a sound capital structure for the company.
Peer comparison
Dec 31, 2024